Puerto Rico to Become a Prefered Destination for Crypto Investors, Establishing Friendly Taxation and Island Lifestyle
Under Act 60 or the Individual Investors Act, non-Puerto Rican residents get exempted from paying capital gains for investments realized, and this is one of the factors attracting crypto investors.
Modi Urges Global Effort to Deal with Crypto, Indian Crypto Sector Remains in Uncertainty
The Indian Prime Minister has called for a collective global effort to tackle the challenges posed by cryptocurrencies as the country's crypto sector remains in uncertainty.
Acting OCC Comptroller Urges Regulators to Collaborate with Crypto Intermediaries
Michael J. Hsu, the Acting Comptroller of the Office of the Comptroller of the Currency (OCC) has advocated that regulators should collaborate with major crypto intermediaries in order to get a grasp of how the ecosystem functions.
Hong Kong Resumes Discussion on Stablecoin Regulation, Offering 5 Options to the Public
The Hong Kong Monetary Authority (HKMA) has published a discussion paper in which it is soliciting the public’s contributions to its proposed regulatory approach to digital currencies and stablecoins.
Crypto Regulation Remains to Unfold in 2022
As cryptocurrencies enter into a new year after experiencing new highs last year, new changes await, among which regulation is top of the list.
Binance CEO CZ Surpasses Tech Giant, Holding World's Biggest Crypto Fortune with $96B Net Worth
Changpeng Zhao, the CEO of Binance cryptocurrency exchange, enjoys a fortune of $96 billion, who become the richest person, surpassing many tech giants, including Facebook's Mark Zuckerberg.
Paypal Confirms Plans to Launch its Platform Specific Stablecoin
American payments giant Paypal Holdings Inc has confirmed it is working on its own digital currency which may take the form of a stablecoin.
EU's ESMA Wants Public Input on Proposed DLT Regulation
The European Union’s Securities and Markets Authority has called on concerned market stakeholders to comment on its proposed regulation for the use of Distributed Ledger Technology in securities trading and settlement.
Estonia to Strengthen Supervision of Virtual Asset Service Providers
Estonia has recently considered enacting new rules on encryption and proposed draft legislation that will strengthen the supervision of virtual asset service providers.
SEC Boss Appoints Corey Frayer To Advise on Crypto Policy
Corey Frayer is joining the SEC’s executive team as a senior adviser on the agency’s policymaking related to cryptocurrency oversight.

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